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Business
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Title: *HEWLETT-PACKARD BOOSTS FULL-YEAR EPS, REVENUE FORECASTS [More Bad News For The EconBlood Dancers]
Source: Bloomberg News
URL Source: http://www.bloomberg.com
Published: Feb 17, 2010
Author: None
Post Date: 2010-02-17 16:07:44 by war
Keywords: None
Views: 847
Comments: 7

HP Reports First Quarter 2010 Results

First quarter net revenue of $31.2 billion, up 8%, or $2.4 billion, from a year earlier

First quarter GAAP operating profit up 20% to $3.0 billion; GAAP diluted earnings per share of $0.96, up 28% from $0.75 a year earlier

First quarter non-GAAP operating profit up 13% to $3.5 billion; non-GAAP diluted earnings per share of $1.10, up 18% from $0.93 a year earlier

Double-digit year-over-year growth in printers, industry standard servers and PCs

Cash flow from operations of $2.4 billion, up 114%, or $1.3 billion from the prior year

Raises full-year outlook

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#1. To: war (#0)

There's some happy people at HP.

So why do you bother soiling this site with your vacuous and inane commentary? ... yukon haha lots of laughing out loud

Biff Tannen  posted on  2010-02-18   8:10:23 ET  Reply   Trace   Private Reply  


#2. To: Abu el Banat (#1) (Edited)

There is some noise that lies ahead at the end of this quarter that could put the kibosh on any recovery...that said...the strength of the economy on the consumer end has been somewhat surprising to me given ~10% unemployment. And, given the fact that consumer credit has been falling - i.e. consumer not taking on new debt - this is real buying...

Oh well...I've been wrong before...but I still believe that we're going to see another drop in growth...maybe not negative but anemic.

The fact I was an RM2 escapes you obviously, and what that implies.

Badeye posted on 2007-01-30 16:42:29 ET Reply Trace

war  posted on  2010-02-18   8:26:17 ET  Reply   Trace   Private Reply  


#3. To: war (#0)

I had one of their printers once. Always had trouble with the paper loading. Sometimes had to hand feed one piece at a time. Their printers are shit. I finally got fed up with it and threw it outside smashing it.

A K A Stone  posted on  2010-02-18   8:40:43 ET  Reply   Trace   Private Reply  


#4. To: A K A Stone (#3)

Reviews are mixed. Just last year we bought an HP laptop which gave us fits...they finally just took it back and refunded us 100% including shipping...

We've had 0 problems with their printers...my issue is that they are noisy...

The fact I was an RM2 escapes you obviously, and what that implies.

Badeye posted on 2007-01-30 16:42:29 ET Reply Trace

war  posted on  2010-02-18   8:43:37 ET  Reply   Trace   Private Reply  


#5. To: war (#0)

5 minutes on the phone with HP support would turn even the most tolerant among us xenophobic.

Bartcoprules  posted on  2010-02-18   8:44:25 ET  Reply   Trace   Private Reply  


#6. To: A K A Stone (#3) (Edited)

I finally got fed up with it and threw it outside smashing it.

Great scene from Office Space...

The fact I was an RM2 escapes you obviously, and what that implies.

Badeye posted on 2007-01-30 16:42:29 ET Reply Trace

war  posted on  2010-02-18   8:45:00 ET  (1 image) Reply   Trace   Private Reply  


#7. To: A K A Stone (#3)

Same here.

my anti groupie can't get through life without me.

Badeye  posted on  2010-02-18   8:48:46 ET  Reply   Trace   Private Reply  


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